Tanger Inc SKT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Tanger Announces the Amendment, Increase and Extension of its Unsecured Lines of Credit
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Tanger Increases Dividend by 5.8%
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Tanger Schedules First Quarter 2024 Earnings Release and Conference Call
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Tanger to Present at Citi's 2024 Global Property CEO Conference
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Tanger Reports Fourth Quarter and Full Year 2023 Results and Introduces 2024 Guidance
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Tanger Inc. 2023 Tax Reporting Information - Distribution (Form 1099)
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Tanger Factory Outlet raises dividend to boost implied yield above 5%
Trading Information
- Previous Close Price
- $26.82
- Day Range
- $26.52–27.15
- 52-Week Range
- $18.00–29.98
- Bid/Ask
- $26.25 / $27.11
- Market Cap
- $2.91 Bil
- Volume/Avg
- 715,855 / 792,582
Key Statistics
- Price/Earnings (Normalized)
- 31.44
- Price/Sales
- 6.09
- Dividend Yield (Trailing)
- 3.77%
- Dividend Yield (Forward)
- 4.10%
- Total Yield
- 3.77%
Company Profile
Tanger Inc is a leading owner and operator of outlet and open-air retail shopping destinations. Tanger’s portfolio of 38 outlet centers and one open-air lifestyle center comprises over 15 million square feet well positioned across tourist destinations and vibrant markets in U.S. states and Canada.
- Sector
- Real Estate
- Industry
- REIT - Retail
- Stock Style Box
- Small Core
- Total Number of Employees
- 407
- Website
- https://www.tangeroutlet.com
Comparables
Valuation
|
Metric
|
SKT
|
BRX
|
UE
|
|---|---|---|---|
Price/Earnings (Normalized) | 31.44 | 21.41 | 56.51 |
Price/Book Value | 5.10 | 2.25 | 1.66 |
Price/Sales | 6.09 | 5.18 | 4.57 |
Price/Cash Flow | 12.16 | 10.21 | 12.96 |
Price/Earnings
SKT
BRX
UE
Financial Strength
|
Metric
|
SKT
|
BRX
|
UE
|
|---|---|---|---|
Quick Ratio | 0.17 | 0.28 | 0.76 |
Current Ratio | 0.17 | 0.30 | 1.14 |
Interest Coverage | 3.17 | 2.60 | 4.88 |
Quick Ratio
SKT
BRX
UE
Profitability
|
Metric
|
SKT
|
BRX
|
UE
|
|---|---|---|---|
Return on Assets (Normalized) | 5.11% | 3.98% | 8.70% |
Return on Equity (Normalized) | 22.58% | 11.58% | 26.33% |
Return on Invested Capital (Normalized) | 7.42% | 6.17% | 11.59% |
Return on Assets
SKT
BRX
UE
REIT - Retail Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
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Market Cap
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KIM
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UNBLF
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UNIRF
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REG
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LKREF
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FRT
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MAC
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